Cheltenham East VIC Property Investment

Bayside (Vic.) · 3192

Median House Price
$1.29M
Rental Yield
1.7%
Vacancy Rate
2.2%
Median Weekly Rent
$430/wk
Median Unit Price
$836K
Population
24,129
Days on Market
32 days
Annual Growth
19.6%

Cheltenham East Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$397.5/night
Occupancy Rate
48%
Est. Annual Revenue
$70K

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-03

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

628

2020

621

2021

1,321

2022

716

2023

1,460

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3192

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population

24,129

Education (IEO)

9/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Cheltenham East VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $430/wk median rent for Cheltenham East. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Cheltenham East Primary School
PrimaryGovernment
8.4/10
Cheltenham Secondary College
SecondaryGovernment
7/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Cheltenham East VIC Property Market — Median, Growth, Yield · Estait | Estait